#Cash in Fee Changes

Maya will soon have a small fee for cashing in using linked bank accounts on their app. There will now be a cash in fee via linked bank accounts on the Maya app. A fee of PHP 5 will be charged for each cash in transaction. GCash has reduced its InstaPay bank transfer fee from PHP 15 to PHP 10, effective July 4, making digital fund transfers more affordable for its users. The updated fee now applies to every InstaPay transaction made through the GCash app. Prior to GCash's announcement, Rizal Commercial Banking Corporation (RCBC) also confirmed that it would waive InstaPay transfer fees beginning July 4. Read more in our articles including "Maya to update cash in fee for linked bank accounts" and "GCash cuts InstaPay bank transfer fee from PHP 15 to PHP 10".